Core Viewpoint - Shandong Hualu Hengsheng Chemical Co., Ltd. has decided to abolish its supervisory board and amend its articles of association to enhance corporate governance in compliance with the new Company Law and related regulations [1][2]. Group 1: Abolishment of Supervisory Board - The company will no longer establish a supervisory board or supervisors, transferring the supervisory functions to the audit committee of the board of directors [2][3]. - The decision aligns with the requirements for standardized operations of listed companies as per the new Company Law effective from July 1, 2024 [1][2]. Group 2: Amendments to Articles of Association - The company plans to revise its articles of association and related rules to improve governance structures and adapt to the needs of standardized operations [2][3]. - Key changes include the removal of terms related to "supervisors" and "supervisory board," replacing them with references to the audit committee [2][3]. Group 3: Governance Structure - The amendments aim to protect the rights of shareholders, creditors, and employees while ensuring compliance with the new legal framework [3][4]. - The revised articles will also standardize the terminology used in governance documents, such as changing "shareholder meeting" to "shareholders' meeting" [2][3].

山东华鲁恒升化工股份有限公司 控股子公司管理办法 （二〇二五年九月四日修订） 第二条 本办法所称控股子公司指公司持有的股权比例超过 50%以上的子公司；或 者持有股权的比例不足 50%，但按照公司出资额或者持有的股份所享有的表决权足以对 股东会的决议产生重大影响、或者能通过协议或其他安排实现实际支配的子公司。 第三条 公司各职能部门、公司向控股子公司委派或推荐的董事、高级管理人员、 财务负责人等对本办法的有效执行负责。 第四条 控股子公司应严格遵守本办法的规定，并根据自身经营特点和环境条件， 制定各自内部管理制度的实施细则。控股子公司控股其他公司的，应参照本办法的要求 逐层建立对其控股子公司的管理控制制度，并接受公司的监督。 第五条 控股子公司的发展战略规划必须服从公司制定的整体发展战略规划，并应 执行公司对控股子公司的各项制度规定。 第二章 治理机构 第六条 公司对控股子公司行使指导、协调、监督、考核等职能，并依据整体制度 规范的需要，有权督促控股子公司依法建立和完善相应的管理制度。 第七条 公司对控股子公司享有如下权利： （一）依法享有投资收益、参与重大决策和选择管理者等权利； （二）提议召开股东会会议， ...

General Provisions - The purpose of the guidelines is to enhance the management level and efficiency of senior management personnel, including the general manager, deputy general managers, and financial officers, while clarifying responsibilities and standardizing work behavior [3][4] - The company has a general manager, deputy general managers, and a financial officer, with their appointments and dismissals determined by the board of directors based on nominations [3][4] Authority of the General Manager - The general manager is responsible to the board of directors and has the authority to report on major contracts, asset utilization, investment situations, and profit and loss [5][6] - The general manager can make decisions on transactions that meet specific criteria, such as asset totals below 10% of the latest audited total assets or transaction amounts below 10% of the latest audited net assets [5][7] - The general manager is responsible for managing the company's production and operations, implementing board resolutions, and proposing the appointment or dismissal of deputy general managers and financial officers [6][8] General Manager's Office Meetings - The general manager's office meetings are held at least once a month, with the general manager convening relevant personnel and notifying them two days in advance [9][10] - The meetings cover annual, quarterly, and monthly operational plans, departmental reports, and important issues requiring resolution [10] Responsibilities and Accountability - Senior management personnel are accountable for their actions, and the company will bear liability for damages caused by their execution of duties, except in cases of intentional misconduct or gross negligence [12]

Group 1 - The company has established a management system for external information users to enhance the management of periodic reports and significant events during their preparation, review, and disclosure periods [1][2] - The board of directors and senior management are required to comply with the information disclosure system and fulfill necessary processes for the transmission, review, and disclosure of periodic reports and significant matters [1][2] - Confidentiality obligations are imposed on directors, senior management, and other relevant personnel during the preparation of periodic reports and planning of significant matters, prohibiting any form of leakage of report contents before official disclosure [1][2] Group 2 - The company must refuse to provide insider information to external parties unless approved by the board of directors, ensuring that related party directors abstain from voting [2][3] - Information provided to specific external information users must not be disclosed earlier than the company's performance announcement, and the content must be at least equal to that of the performance announcement [2][3] - External units or individuals are prohibited from leaking undisclosed significant information and from trading the company's securities based on such information [2][3] Group 3 - The company will seek compensation from external parties for economic losses caused by violations of the established system, and will recover profits from those who trade securities based on undisclosed information [3] - The management system will be interpreted and revised by the company's board of directors, and it will take effect upon approval by the board [3]

Core Viewpoint - The document outlines the system for independent director special meetings at Shandong Hualu Hengsheng Chemical Co., Ltd., emphasizing the importance of independent directors in corporate governance and their responsibilities to protect the interests of all shareholders, particularly minority shareholders [1][2]. Group 1: Governance Structure - The independent directors are defined as those who do not hold any other positions within the company and have no direct or indirect interests that could affect their independent judgment [1]. - Independent directors have a duty of loyalty and diligence to the company and all shareholders, and they must perform their roles in accordance with laws, regulations, and the company's articles of association [1][2]. Group 2: Meeting Procedures - The company is required to hold independent director special meetings regularly, with at least one meeting per year, and can hold additional meetings upon request from a majority of independent directors [2][7]. - Meetings should be convened with at least three days' notice, and can be held in person or through other means such as video or phone [2][5]. Group 3: Voting and Decision-Making - Decisions made during independent director special meetings require a majority vote from the independent directors present, with each director having one vote [3][9]. - Certain matters, such as related party transactions and changes to commitments, must be discussed and approved in these meetings before being submitted to the board [3][10]. Group 4: Documentation and Reporting - Meeting records must include details of significant matters discussed, the basis for opinions expressed, and the impact on the company and minority shareholders [4][14]. - Independent directors are required to submit annual reports to the company's annual shareholder meeting, detailing their performance and the outcomes of the special meetings [5][19].

董事会提名委员会工作制度 山东华鲁恒升化工股份有限公司 （二〇二五年九月四日修订） 第一章 总 则 第一条 为规范公司领导人员的产生，优化董事会组成，完善公司治理结构，根 据《中华人民共和国公司法》 《上市公司治理准则》 《公司章程》及其他有关规定，公 司设置董事会提名委员会，并制定本工作制度。 第二条 董事会提名委员会是董事会下设的专门工作委员会，负责拟定董事、高 级管理人员的选择标准和程序，对董事、高级管理人员人选及其任职资格进行遴选、 审核。 第二章 人员组成 第三条 提名委员会成员由 3 至 5 名董事组成，独立董事占多数。 第四条 提名委员会委员由董事长、二分之一以上独立董事或者全体董事的三分 之一提名，并由董事会选举产生。 第五条 提名委员会设主任委员（召集人）一名，由独立董事委员担任，负责主 持委员会工作；主任委员在委员内选举，并报请董事会批准产生。 第六条 提名委员会任期与董事会一致，委员任期届满，连选可以连任。期间如 有委员不再担任公司董事职务，自动失去委员资格，并由委员会根据上述第三至第五 条规定补足委员人数。 第三章 职责权限 第七条 提名委员会就下列事项向董事会提出建议： （一）提名或 ...

Core Points - The article outlines the implementation details of the cumulative voting system for the election of directors at Shandong Hualu Hengsheng Chemical Co., Ltd. [1][2][3] Group 1: Cumulative Voting System - The cumulative voting system allows shareholders to exercise their voting rights based on the total number of shares they hold multiplied by the number of directors to be elected [1][2] - Shareholders can allocate their votes to one or multiple candidates, with the candidates receiving the highest votes being elected [1][2] Group 2: Election Procedures - Independent and non-independent directors are elected separately using the cumulative voting system [1][2] - If only one director is to be elected, the cumulative voting system does not apply [2] - The notice for the shareholders' meeting must indicate that the cumulative voting system will be used when electing more than one director [2] Group 3: Voting Validity and Election Principles - Votes exceeding the total voting rights held by a shareholder will be deemed invalid, while votes less than the total will be considered valid [2] - Directors are elected based on the number of votes received, with a requirement that each elected director must receive more than half of the voting rights held by attending shareholders [2] - In case of a tie in votes, a re-election process will be initiated to ensure the correct number of directors is elected [2] Group 4: Amendments and Effectiveness - Amendments to these rules can be proposed by the board of directors and must be approved by the shareholders' meeting [3] - The rules become effective upon approval by the shareholders' meeting [3]

Core Points - The company is Shandong Hualu Hengsheng Chemical Co., Ltd, established as a joint-stock company in accordance with Chinese laws [1][2] - The registered capital of the company is RMB 2,123.219998 million [2] - The company was approved for public stock issuance and listed on the Shanghai Stock Exchange on June 20, 2002, with an initial issuance of 60 million shares [1][2] Company Structure - The company is a permanent joint-stock company, with all assets divided into equal shares, and shareholders are liable only to the extent of their subscribed shares [2][3] - The chairman serves as the legal representative of the company, and the company is responsible for civil activities conducted by the legal representative [2][3] Business Objectives and Scope - The company's business objective is market-oriented, focusing on expanding financing channels, enhancing production capacity, and ensuring quality and efficiency to improve economic benefits for shareholders [4][5] - The business scope includes manufacturing and sales of basic chemical raw materials, chemical products, fertilizers, and technical services, among others [4][5] Share Issuance and Management - The company issues ordinary shares, and all shares must have equal rights [6][7] - The total number of shares issued by the company is 2,123.219998 million, with the main initiator being Shandong Hualu Group Co., Ltd [6][7] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and supervision of company operations, and they must comply with laws and the company's articles of association [14][15] - Shareholders holding more than 5% of voting shares must report any pledges of their shares to the company [19][20] Governance and Meetings - The company holds annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [49][50] - Decisions at shareholder meetings require a majority or two-thirds majority vote, depending on the nature of the resolution [85][86]

山东华鲁恒升化工股份有限公司 独立董事制度 （二〇二五年九月四日修订） 第一章 总 则 第一条 为了促进山东华鲁恒升化工股份有限公司（以下简称"公司"或"本公 司"）规范运作，维护公司利益，保障全体股东，特别是中小股东的合法权益不受侵害， 根据《中华人民共和国公司法》 《中华人民共和国证券法》 《上海证券交易所股票上市规 则》 《上市公司独立董事管理办法》 《上海证券交易所公司自律监管指引第 1 号——规范 运作》等国家有关法律、法规、规范性文件及《公司章程》，制定本制度。 第二条 独立董事是指不在公司担任除董事以外的其他职务，并与公司及其主要股 东、实际控制人不存在直接或者间接利害关系，或者其他可能影响其进行独立客观判断 关系的董事。 独立董事应当独立履行职责，不受公司及其主要股东、实际控制人等单位或者个人 的影响。 第三条 独立董事对公司及全体股东负有忠实与勤勉义务。独立董事应当按照相关 的法律法规、中国证券监督管理委员会（以下简称"中国证监会"）规定、证券交易所 业务规则和《公司章程》的要求，认真履行职责，在董事会中发挥参与决策、监督制衡、 专业咨询作用，维护公司整体利益，保护中小股东合法权益。 第四条 ...

山东华鲁恒升化工股份有限公司 董事会战略委员会工作制度 （二〇二五年九月四日修订） 他有关规定，公司设置董事会战略委员会，并制定本工作制度。 第二条 董事会战略委员会是董事会下设的专门工作委员会，主要负责公司长期 可持续发展战略和重大项目决策以及根据国家有关法规和《公司章程》要求由董事会 进行决策的重大事项的研究，并提出建议。 第二章 人员组成 第三条 战略委员会成员由 3 至 5 名董事组成，其中外部董事占多数，并应至少 包括一名独立董事。 第四条 战略委员会委员由董事长、独立董事或者全体董事的三分之一提名，并 由董事会选举产生。 第一章 总 则 第一条 为适应战略发展需要，增强公司竞争力，确定公司发展目标与方针，规 范公司决策活动，加强决策科学性，提高重大投资决策的效益和决策的质量，完善公 司治理结构，根据《中华人民共和国公司法》 《上市公司治理准则》 《公司章程》及其 第五条 战略委员会设主任委员（召集人）一名，由公司董事长担任，负责主持 战略委员会工作。 第六条 战略委员会委员任期与董事会董事任期一致，委员任期届满，连选可以 连任。期间如有委员不再担任公司董事职务，自动失去委员资格，并由委员会根据第 ...